Basing a strategy on general maxims, such as "Sell when you double your money," "sell after two years," or "cut your losses by selling when the price falls ten per cent," is absolute folly. It's simply impossible to find a generic formula that sensibly applies to all the diferrent kinds of stocks.

Basing a strategy on general maxims, such as "Sell when you double your money," "sell after two years," or "cut your losses by selling when the price falls ten per cent," is absolute folly. It's simply impossible to find a generic formula that sensibly applies to all the diferrent kinds of stocks.

Basing a strategy on general maxims, such as "Sell when you double your money," "sell after two years," or "cut your losses by selling when the price falls ten per cent," is absolute folly. It's simply impossible to find a generic formula that sensibly applies to all the diferrent kinds of stocks.

Basing a strategy on general maxims, such as "Sell when you double your money," "sell after two years," or "cut your losses by selling when the price falls ten per cent," is absolute folly. It's simply impossible to find a generic formula that sensibly applies to all the diferrent kinds of stocks.

Basing a strategy on general maxims, such as "Sell when you double your money," "sell after two years," or "cut your losses by selling when the price falls ten per cent," is absolute folly. It's simply impossible to find a generic formula that sensibly applies to all the diferrent kinds of stocks.